Business Succession Planning

In the life-cycle of a business, there comes a time when the owner who founded the business wants to retire. Whether the potential new owner is a family member, an employee of the business or an outsider – it is a good idea to get feedback from someone who isn’t involved in the transaction. To that end, we offer business succession planning services.

Insight Business Succession Planning Solutions:

Planning with owner as to timing and structure of a future sale

Researching industry-specific multipliers & typical transfer terms

Business valuations based on industry standards

Formation and evaluation of alternate deal structures

Researching and evaluation of financing alternatives

Calculation of tax effects to the business and the owner(s)

Reporting of completed transaction to tax authorities

Working with new owner & their key advisors for a smooth transition

As with any planning opportunity, the sooner you start – the more control you have over the outcome. We like working with owners years before they plan to sell a business so they can realize the most from the transaction.